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    15 Circuit Ave E Worcester, MA 01603

    For Sale
    $900,000

    Four-unit multifamily property in Worcester's Columbus Park neighborhood.

    Lot size:
    0.19 Acres

    Property Features for 15 Circuit Ave E

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1910

    Source: Bridgemont Realty LLC Agent Ben Hicks

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Worcester Multifamily Investment Opportunity

    Located in Worcester's Columbus Park neighborhood, this multifamily property features four apartments, each containing three bedrooms. The units have separate heat and electric meters. The property has been well-maintained and showcases recent updates. Situated on a tree-lined street, the property is positioned within a residential area known for its large homes, and is located minutes from Clark University, Worcester State, Coes Reservoir, and the Hadwen Arboretum. Three units are currently leased with expirations or renewal opportunities approaching. One renovated unit is vacant and available for immediate occupancy. Comparable three-bedroom apartments in the area are achieving average rents of approximately $2,400 per month.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Worcester
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8360007
    Latitude
    42.2540181

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property in Worcester's Columbus Park neighborhood.
    Where is this quadplex located?
    The property is located at 15 Circuit Ave E Worcester, MA.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Prime location in Worcesters prestigious Columbus Park neighborhood, near universities and parks.; - Four spacious 3-bedroom apartments, offering significant rental income potential.; - Separate heat and electric meters for each unit, simplifying tenant management.
    (617) 529-0751
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    Worcester, MA 01603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 Circuit Ave E Worcester, MA 01603
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